Kim following for the answer on Debexpert.  

Your tenant (depending on local laws and your lease/willingness) can sublease for the remaining 3 months of their current lease.

Congrats on taking action to get into the game.

Also in your area that is a little rural if its well and septic makes sure those are checked by professionalsif it has city sewer make sure you do a sewer scope on the line running to the street.. and of course make sure roof is good etc etc.and for sure you can offer what you want to pay.. they may not accept it but its up to you.also ask title company to give you current owner.. and if you want simply make a back up offer in cases the wholesaler cant close this happens a lot and you get a better deal. 

There is a really good one at the Boathouse in West Orange the first Wednesday of every month, check it out on Meetup.com

Can I please have the BP community thoughts on this? 

It depends on the type of loan.

Katie,I saw @Dan Gandee reply to you on this chain. 

Hello,I'm from Toronto, ON (Canada) and I'm currently trying to understand what the tax implications would be if I were to invest in US multifamily (3-6 units) real estate.

Hey @Joseph Nguyen,I’ve got some firsthand experience on this, especially in the context of residential real estate investments.